|
|
|
|
|
|
by inamorty
786 days ago
|
|
|
The EU is taking a more aggressive tack in recent years: * Amazon was fined $908 million in 2022. * Google was fined $113 million in the same year. * Instagram, owned by Meta was fined $506 million. Each of these fines would be drastically increased with further non-compliance |
|
|
> Each of these fines would be drastically increased with further non-compliance
Meta has a history of non-compliance, bad faith and obvious incentive to breach EU regulations given they are in direct opposition to their business model. It has been in breach of the GDPR since it went into effect in 2018 (after a 2-year grace period designed to give businesses time to get into compliance) and is in breach of it to this day. Is it even possible to be more non-compliant than that?
At this point Meta has made so much profit from breaching the GDPR that even actually being hit with the max fine would still not offset what they earned breaching the regulation over the last 6 years since the max fine only considers revenue over the last year.
The EU has repeatedly demonstrated it is incapable or unwilling to stand up to these companies and the companies know it, that's why Meta is still around doing business as usual, and Apple is messing around with malicious compliance and will keep doing so for the foreseeable future. That's why Microsoft is now back at anticompetitive shenanigans despite getting burnt previously - they (correctly) determined that whatever EU enforcement capability burned them before no longer exists.